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Legislation #: 060225 Introduction Date: 2/23/2006
Type: Ordinance Effective Date: none
Sponsor: COUNCILMEMBER XBARNES
Title: Authorizing the City Manager to execute a 4th Limited Notice to Proceed to M.A. Mortenson Company for the Downtown Arena project; authorizing the City Manager to direct Anschutz Kansas City Arena, LLC (“AKC”), and Anschutz Entertainment Group, Inc. (“AEG”) to issue the 4th Limited Notice to Proceed to M.A. Mortenson; and authorizing the expenditure of previously appropriated funds for this project.

Legislation History
DateMinutesDescription
2/23/2006 Filed by the Clerk's office
2/23/2006 Passed

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ORDINANCE NO. 060225

 

Authorizing the City Manager to execute a 4th Limited Notice to Proceed to M.A. Mortenson Company for the Downtown Arena project; authorizing the City Manager to direct Anschutz Kansas City Arena, LLC (AKC), and Anschutz Entertainment Group, Inc. (AEG) to issue the 4th Limited Notice to Proceed to M.A. Mortenson; and authorizing the expenditure of previously appropriated funds for this project.

WHEREAS, the City, AKC and AEG entered into the Kansas City Arena Development Agreement dated as of March 17, 2005, as amended, (the Development Agreement) for the development, construction and management of the Kansas City Downtown Arena; and

WHEREAS, in order to provide funding for M.A. Mortenson to continue the construction activities previously authorized under Section 4.13 of the Development Agreement, the City, AKC and AEG agree to issue a 4th Limited Notice to Proceed; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY: 

Section 1. That the City Manager is hereby authorized to execute a 4th Limited Notice to Proceed to M.A. Mortenson Company for the Downtown Arena project. The Notice to Proceed is approved in substantial form as that on file in the office of the City Manager and is incorporated herein by reference.

Section 2. That the City Manager is hereby authorized to direct AKC to issue a 4th Limited Notice to Proceed to M.A. Mortenson Company for the Downtown Arena project.

Section 3. That the City Manager is hereby authorized to expend an amount up to $8,350,000.00 from funds previously appropriated to Account No. AL-3410-897770-B as and for consideration in/of the aforesaid agreement and related contingencies.

_____________________________________________

 


I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

 

___________________________________

Debra R. Hinsvark

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Nelson V. Munoz

Assistant City Attorney